Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Nordic Iron Ore AB (publ) primarily focuses on the exploration, development, and extraction of iron ore within Sweden's Västerbergslagen region. Its product portfolio includes various iron ore forms such as fines, sinter, pellets, and lump ore. Beyond iron ore, the company also actively explores for deposits of apatite, lanthanum, gold, and copper. The firm possesses crucial mining and exploration rights in the Ludvika area, including exploitation concessions for Blötbergsgruvan K No. 1 and K No. 2, Håksbergsgruvan K No. 1, and Southern Väsman field K No. 1. It also holds exploration permits for Ludvikafältet No. 1 and Blötberget No. 4. Established in 2008, Nordic Iron Ore is headquartered in Danderyd, Sweden.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers.